Wednesday, July 24, 2013

Market Report: Eating Out The Decision Making Process Market Analysis In UK - July 2013

Description

Product innovation is a key strategy to ensure that eating out operators do not lose further share of the ‘leisure pound’ by putting the excitement back into what is essentially a leisure experience.




Table of Content

Introduction
Definition
Abbreviations

Executive Summary
The market
Companies, brands and innovation
Discounting still prevalent but creativity has stepped up
Tailored store formats to suit alternative distribution channels
Establishing brand personality through store design and food presentation
A new breed of micro-restaurant
The consumer
Factors influencing venue choice
Figure 1: Factors influencing venue choice, April 2013
Attitudes towards venue choice
Figure 2: Attitudes towards venue choice, April 2013
Factors influencing dish choice
Figure 3: Factors influencing dish choice, April 2013
Ingredients influencing dish choice
Figure 4: Ingredients influencing dish choice, April 2013
Menu enticements
Figure 5: Menu enticements, April 2013
What we think

Issues in the Market
How can operators reduce their vulnerability to consumer cutbacks?
How can product/flavour innovation support the market?
How can restaurants leverage ingredient sourcing more effectively?
How can restaurants combat low loyalty levels amongst diners?


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